Linde India has signed a plant sale agreement with Tata Steel Limited to acquire its industrial gas supply assets, the company announced in a stock exchange filing. The agreement follows Tata Steel’s selection of Linde India as the successful bidder to own and operate the gas supply infrastructure at its Kalinganagar plant for 20 years.
As part of the deal, Linde India will take over two 800 tons per day air separation units at Tata Steel’s Kalinganagar Phase 2 expansion project. These units are vital for producing industrial gases such as oxygen, nitrogen, and argon, which are essential for steel manufacturing processes, including oxygen steelmaking. This agreement supports Tata Steel’s Kalinganagar Phase 2 expansion, which aims to boost the plant’s production capacity from 3 mln tons per annum to 8 mln tons per annum.
